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Yes, I can understand the higher PE's we're seeing today. But have you checked out some of the semi-telco's? They have PE's of over 200, and well over 100 for year 2000. Even accounting for a YPEG (growth going forward), the YPPEG are way over 2.0. Check out stock like BRCD, RFMD, BRCM etc....

Is this expensive or what!

Stunned!
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